In 2023, Guyana imported tableware and kitchenware of porcelain or china amounted to 78.74 thousand kilograms. From 2024 onwards, the forecast indicates a marginal year-on-year decline with values dropping consistently to reach 77.07 thousand kilograms by 2028. The expected year-on-year decrease from 2023 to 2024 is approximately 0.44%. From 2024 to 2028, the compound annual growth rate (CAGR) is predicted to be -0.35%, reflecting a gradual downward trend in imports.
Future trends to watch for:
- Changes in domestic production capabilities could influence import levels.
- Variations in consumer preferences towards alternative materials such as ceramics.
- Potential economic factors affecting purchasing power and demand for imported goods.
- Changes in trade policies or tariffs impacting import costs and volumes.
